Crowdcube first platform to break £100 million investment barrier

Crowdcube claims it is the first investment platform to raise £100 million via crowdfunding and has now helped almost 300 businesses secure funding from investors.

Over 100 of these businesses have combined to raise over £50 million so far this year, the website reports.

Crowdsurfer, a website which monitors crowdfunding platforms, released data last month which showed that Crowdcube has now amassed a 52% share of the market in the UK.

The website now has almost 200,000 registered investors.

Crowdcube investors have received financial returns in excess of £600,000 so far in 2015, following the equity sale of E-Car Club to Europcar in July and multiple mini-bonds, including Eden Project and River Cottage, making their first interest payments to investors.

“Funding more than £100 million from our growing investor community of 200,000 are significant landmarks for investment crowdfunding. They clearly demonstrate how Crowdcube has the biggest and most active investor community in the world,” says Darren Westlake, CEO and co-founder of Crowdcube.

“Enabling people to invest in some of Britain’s brightest companies, alongside world-renowned venture capital firms and acclaimed angel investors, on Crowdcube is now commonplace. Crowdfunding is now sitting alongside venture capital, angel investing and traditional debt financing as a mainstream channel for funding rather than an ‘alternative’.”

Businesses raising over £1 million on Crowdcube include:

- JustPark raised £3.7 million

- Camden Town Brewery raised £2.4 million

- Sugru raised £3.4 million, attracting a single investment of £1 million, the largest to date made by a Crowdcube investor